Does CJ Corporation’s (KRX:001040) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
CJ’s (KRX:001040) stock is up by a considerable 20% over the past three months. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. Particularly, we will be paying attention to CJ’s ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company’s shareholders.
How Do You Calculate Return On Equity?
ROE can be calculated by using the…
